Bristol Foundation
Bristol Foundation faces recurring deficits despite no officer compensation, with 2023 expenses exceeding revenue by over $50,000.
EIN: 208904125 · Salt Lake City, UT · NTEE: P74 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $181K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $150,727. |
| Net Assets | $80K |
| Transparency Score | 65/100 |
Is Bristol Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bristol Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bristol Foundation
Bristol Foundation (EIN: 208904125) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code P74. The organization reported total revenue of $151K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bristol Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bristol Foundation is a small nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $181K |
| Surplus / Deficit | $-53,043 |
| Total Assets | $80K |
| Net Assets | $80K |
| Operating Margin | -41.4% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Bristol Foundation reported a deficit of $53K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate).
Financial Trends
Over 8 years of filings (2016–2023), Bristol Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.0% | +14.9% | -39.8% |
| 2022 | +1.1% | +89.9% | -18.8% |
| 2021 | -8.3% | +44.5% | +34.7% |
| 2020 | +89.5% | +7.7% | +185.7% |
| 2019 | +56.7% | +41.2% | +78.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bristol Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Bristol Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is a positive sign for resource allocation to mission-related activities for an organization of its size with latest revenue of $150,727.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bristol Foundation's IRS 990 filings:
- Recurring deficits: Expenses exceeded revenue in 2023 ($181,073 vs $128,030), 2022 ($157,618 vs $126,702), and 2017 ($95,230 vs $61,042).
- Significant asset decline: Assets decreased from $133,295 in 2022 to $80,252 in 2023, indicating a draw on reserves.
- Inconsistent revenue growth: While there's overall growth, revenue has fluctuated, making long-term financial planning potentially challenging.
Strengths
The following positive indicators were identified for Bristol Foundation:
- Strong transparency: 8 filings available with consistent reporting.
- No reported liabilities: Consistently reported $0 liabilities across all periods, indicating good debt management.
- No officer compensation: 0% officer compensation reported across all filings, suggesting efficient use of funds for mission.
- Asset growth over time: Assets have grown from $15,671 in 2017 to $80,252 in 2023, despite recent declines.
Frequently Asked Questions about Bristol Foundation
Is Bristol Foundation a legitimate charity?
Bristol Foundation (EIN: 208904125) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. Total revenue: $151K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Bristol Foundation spend its money?
Bristol Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Bristol Foundation tax-deductible?
Bristol Foundation is registered as a tax-exempt nonprofit (EIN: 208904125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bristol Foundation CEO make?
Bristol Foundation's highest-compensated officer earns $150,727. annually. The organization reported $151K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bristol Foundation's spending goes to programs?
Bristol Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bristol Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Bristol Foundation is above average for NTEE category P74 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bristol Foundation located?
Bristol Foundation is headquartered in Salt Lake City, Utah and files with the IRS under EIN 208904125. It is classified under NTEE code P74.
How many years of IRS 990 filings does Bristol Foundation have?
Bristol Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $151K in total revenue.
Why did the Bristol Foundation's expenses significantly exceed its revenue in 2023 and 2022?
In 2023, expenses were $181,073 against revenue of $128,030, and in 2022, expenses were $157,618 against revenue of $126,702. This consistent deficit raises questions about the sustainability of their financial model.
What caused the substantial decrease in assets from $133,295 in 2022 to $80,252 in 2023?
The significant drop in assets is likely a direct consequence of the organization spending more than it earned in 2023, drawing down its reserves to cover operational costs.
How does the Bristol Foundation manage to operate without reporting any officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles may be filled by volunteers or compensated through other means not reported as officer compensation on the 990, or that the organization has a very lean, volunteer-driven structure.
Filing History
IRS 990 filing history for Bristol Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Bristol Foundation's revenue has grown by 60.3%, moving from $80K to $128K. Total assets increased by 61% over the same period, from $50K to $80K. Total functional expenses rose by 198.1%, from $61K to $181K. In its most recent filing year (2023), Bristol Foundation reported a deficit of $53K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $181K | $80K | $0 | — | View 990 |
| 2022 | $127K | $158K | $133K | $0 | — | View 990 |
| 2021 | $125K | $83K | $164K | $0 | — | View 990 |
| 2020 | $137K | $57K | $122K | $0 | — | — |
| 2019 | $72K | $53K | $43K | $0 | — | View 990 |
| 2018 | $46K | $38K | $24K | $0 | — | View 990 |
| 2017 | $61K | $95K | $16K | $0 | — | View 990 |
| 2016 | $80K | $61K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $181K, and assets of $80K (revenue +1.0% year-over-year).
- 2022: Revenue of $127K, expenses of $158K, and assets of $133K (revenue +1.1% year-over-year).
- 2021: Revenue of $125K, expenses of $83K, and assets of $164K (revenue -8.3% year-over-year).
- 2020: Revenue of $137K, expenses of $57K, and assets of $122K (revenue +89.5% year-over-year).
- 2019: Revenue of $72K, expenses of $53K, and assets of $43K (revenue +56.7% year-over-year).
- 2018: Revenue of $46K, expenses of $38K, and assets of $24K (revenue -24.6% year-over-year).
- 2017: Revenue of $61K, expenses of $95K, and assets of $16K (revenue -23.6% year-over-year).
- 2016: Revenue of $80K, expenses of $61K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bristol Foundation:
Data Sources and Methodology
This transparency report for Bristol Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.